Converge carries on to develop with the acquisition of a C$128M income business, expanding its array of IT services choices.
TORONTO and NEW YORK, Jan. 4, 2021 /PRNewswire/ – Converge Engineering Remedies Corp. (“Converge” or “the Firm“) (TSXV: CTS) (FSE: 0ZB) (OTCQX: CTSDF), a national system of regionally concentrated Hybrid IT solution companies in the U.S. and Canada, is delighted to announce that it has done the acquisition of Vicom Laptop Products and services, Inc., a whole-service multi-cloud infrastructure provider.
Vicom, an founded, scaled answers service provider based mostly in the US Northeast, has a abundant record and aim on performing with clientele to align best-of-breed technologies with their sought after business enterprise outcomes. With this acquisition, Converge gains an business-top workforce of architects and engineers who will accelerate the development of the Firm’s apply locations, driving additional worth for its clientele throughout North The usa.
Vicom will be a part of the existing Converge footprint in the US Northeast, which includes Converge subsidiaries Lighthouse, Essextec, and VSS. This growth gives Converge additional presence in important industries throughout economic products and services, healthcare, and condition and community federal government.
“Joining the Converge family members allows us to offer much more alternatives and services to our shoppers,” claimed Robert Verola, CEO of Vicom. “Converge has wonderful relationships with the best names in the IT field, and we want our buyers to have access to individuals technologies and the professionals who know how to make the most of them.”
“We are incredibly enthusiastic to sign up for Converge Technology Remedies,” explained Vic Verola, President of Vicom. “Supplying our customers with the most innovative remedies that push business enterprise good results has often been our objective. Becoming a member of the Converge family will aid us provide on that guarantee to our customers.”
“Vicom is just not your standard IT answer supplier. Their alignment with our core follow spots will drive rapid value to the Converge customer base,” reported Greg Berard, President of Converge. “We continue to spend in our cloud, cybersecurity, and managed providers options, and buying Vicom will aid us develop and increase those offerings. We are energized to welcome Vicom’s workforce and their shoppers to the Converge family.”
Vicom is the seventeenth acquisition declared by Converge because Oct 2017. Converge’s relatives of corporations also features Corus Team, LLC Northern Micro, Inc. 10084182 Canada Inc. operating as Becker-Carroll Essential Information Units, Inc. BlueChip Tek, Inc Lighthouse Laptop Techniques, Inc. Application Data Methods LLC Nordisk Units, Inc. Essex Technological innovation Group, Inc. Datatrend Systems, Inc. VSS, LLC Solutions PCD, Inc. Exclusive Electronic, Inc. Workgroup Connections, Inc. Vivvo Software Studios LTD. and will include CarpeDatum, LLC.
Converge Technological know-how Options Corp. is a North American application-enabled, Hybrid IT answer company centered on delivering market-major options and services. Converge’s regional profits and services organizations deliver advanced analytics, cloud, cybersecurity, and managed products and services choices to purchasers across different industries. The Organization supports these answers with talent abilities and digital infrastructure offerings across all important IT suppliers in the market. This multi-faceted approach enables Converge to address the unique organization and technology requirements for all purchasers in the general public and non-public sectors. For additional details, stop by convergetp.com.
About Vicom, A Converge Organization
Vicom is a full-provider multi-cloud infrastructure company with a three-10 years background of helping our prospects push company innovation. Vicom is just one of the most significant regional solution vendors in the Northeast with about 100 team customers servicing our shoppers. Our domains of expertise consist of multi-cloud answers, networking, operations/support management, security, workers augmentation, and expert and managed solutions. By way of a team of devoted workers Vicom assists our consumers provide on the assure of electronic transformation. For more information, check out vicomnet.com. Vicom was represented in this transaction by Martin Wolf, a top M&A advisory agency serving the IT marketplace.
Recognize to Reader: Use of Forward-Seeking Statements
Ahead-On the lookout Info
This news launch has particular “ahead-wanting info” and “ahead-searching statements” (collectively, “forward-searching statements“) inside the which means of relevant Canadian securities legislation with regards to Converge and its enterprise. Any assertion that will involve conversations with respect to predictions, expectations, beliefs, designs, projections, objectives, assumptions, long term gatherings or overall performance (often but not always using phrases these as “expects,” or “does not be expecting,” “is expected,” “anticipates,” or “does not anticipate,” “designs,” “finances,” “scheduled,” “forecasts,” “estimates,” “believes,” or intends,” or variations of these text and phrases or stating that certain steps, activities or final results “may possibly” or “could,” “would,” “might,” or “will” be taken to happen or be achieved) are not statements of historic point and may possibly be forward-on the lookout statements. Forward-looking statements are necessarily centered on a variety of estimates and assumptions that, while thought of affordable, are subject to known and unknown challenges, uncertainties, and other variables which may well result in the actual success and future gatherings to differ materially from those people expressed or implied by these types of ahead-searching statements. Other than as required by law, Converge assumes no obligation to update the ahead-hunting statements of beliefs, viewpoints, projections, or other components, should they transform. The reader is cautioned not to put undue reliance on ahead-looking statements.
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Resource Converge Technologies Solutions Corp.